Rising Wedge
Conversely, a rising wedge is a bearish pattern that signals that the security is likely to head in a downward direction. The trend lines of this pattern converge, with both trend lines slanted in an upward direction.
Falling Wedge
The falling wedge is a generally bullish pattern signaling that one will likely see the price break upwards through the wedge and move into an uptrend. The trend lines of this pattern converge, with both being slanted in a downward direction as the price is trading in a downtrend.
Conversely, a rising wedge is a bearish pattern that signals that the security is likely to head in a downward direction. The trend lines of this pattern converge, with both trend lines slanted in an upward direction.
Falling Wedge
The falling wedge is a generally bullish pattern signaling that one will likely see the price break upwards through the wedge and move into an uptrend. The trend lines of this pattern converge, with both being slanted in a downward direction as the price is trading in a downtrend.
Take a look other Today's Big Movers of the day Right here.You can also check previous stocks to buy reports- Right Here
Below these are the Bullish Wedge Pattern stocks on February 28, 2012.
Ticker Company CDE Coeur d'Alene Mines Corporation
CY Cypress Semiconductor Corporation
EXK Endeavour Silver Corp.
WSH Willis Group Holdings Public Limited Company
MSFT Microsoft Corporation
NG NovaGold Resources Inc.
CENX Century Aluminum Co.
UNM Unum Group
VLO Valero Energy Corporation
GME GameStop Corp.
LEG Leggett & Platt, Incorporated
ABC AmerisourceBergen Corporation
CAH Cardinal Health, Inc.
PHG Koninklijke Philips Electronics NV
INFY Infosys Ltd.
NDAQ Nasdaq OMX Group Inc.
AXP American Express Company
GLW Corning Inc.
AON Aon Corporation
CPN Calpine Corp.
GTE Gran Tierra Energy, Inc.
RIC Richmont Mines Inc.
FDP Fresh Del Monte Produce Inc.
ENOC EnerNOC, Inc.
